An updated spending plan for the Arkville Water District upgrade project was approved by the Middletown Town Board last Monday.
The board passed a resolution authorizing the issuance of an additional $556,625 in serial bonds to help fund the project.
The total price tag for the water system upgrade is $2,344,000. The town has secured $1,492,000 in grant funding to offset project costs. Water district residents will repay the anticipated balance of $852,000 through loan-interest loans over a 38-year period.